15 Billion Stolen Logins Are Circulating on the Dark Web

Plus: Facebook’s Roger Stone takedown, the BlueLeaks server seizure, and more of the week’s top security...

Read More
20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction
Jul12

20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction

A group representing about 20,000 investors in Helbiz Inc has filed a motion seeking a temporary restraining order and preliminary injunction against the company. Investors want a motion granted to stop the company from destroying smart contracts that supports Helbiz Inc.’s ERC20, a token also known as Helbizcoin (HBZ). The application was filed on 6 July 2020. According to a motion filed at United States District Court Southern...

Read More
Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
Jul12

Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile

Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe Suspends Mobile Money Service Owned by banks, Zimswitch is the current payments switch to the same financial institutions. This...

Read More
Christophe Cieters: Monopoly Money
Jul12

Christophe Cieters: Monopoly Money

As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. **The following essay was written by Christophe Cieters and published on March 3, 2016. “Monopoly Money” was originally published on the website notbeinggoverned.com, and is...

Read More
Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers
Jul12

Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers

Chinese authorities have seized cryptocurrencies worth about $15 million while bringing down a scam involving fake Huobi tokens. In addition, ten people were arrested while luxury cars and real estate were confiscated. The police in the Chinese city of Wenzhou, Zhejiang province, have cracked a criminal case and seized millions of dollars worth of cryptocurrencies, local media reported Thursday, calling the case the country’s...

Read More